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Please write out the solution Starbucks is expected to have EBIT of $2.3M this year. Starbucks is in the 30% tax bracket, will report $175,000

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Starbucks is expected to have EBIT of $2.3M this year. Starbucks is in the 30% tax bracket, will report $175,000 in depreciation, will make $175,000 in capital expenditures, and will have a 55,000 change in net working capital this year. Starbucks' current FCFF is expected to grow at 10% for 3 years, 4% thereafter. What is Starbucks' intrinsic value (e.g. Price per share)? You gather the following information: WACC = 4.5%, Debt outstanding: 18.5M Cash: 6.5M Shares outstanding: 1M|

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